This property might be a fair Long-Term investment with a projected 1.26% first-year return on $61,992 initial cash invested.
1.26%
Cash On Cash
6.86%
Cap Rate
1.14
DSCR
$2,867
Rent
$65
Cashflow
Cash Flow
$2,867 income − $2,802 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,992
Downpayment
20%
$59,040
Closing costs
1%
$2,952
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,867
Total Expenses
$2,802
Mortgage P&I
52%
$1,479
Property Taxes
17%
$487
Home Insurance
3%
$91
HOA
0%
$0
Property Management
10%
$287
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0